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Inventories, Net
 6 Months Ended
Jun. 30, 2024
Inventory Disclosure [Abstract]  
Inventories, Net
4.
Inventories, Net

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

(Dollars in Millions)

 

Finished products

 

$

1,313

 

 

$

1,152

 

Products in process

 

 

23

 

 

 

25

 

Raw materials

 

 

81

 

 

 

60

 

Supplies and expendable parts

 

 

158

 

 

 

155

 

Total inventories

 

 

1,575

 

 

 

1,392

 

Less: allowances

 

 

(470

)

 

 

(403

)

Inventories, net

 

$

1,105

 

 

$

989